– Announcement –

Alkhabeer Capital Announces the Results of Alkhabeer Growth and Income Traded Fund Units Buy-Back (the Fourth and Final Phase)

Alkhabeer Capital, the Fund Manager, announces the results of Alkhabeer Growth and Income Traded Fund units buy-back during the period from 17 April 2024 to 18 July 2024 and the end of the repurchase period.

– Purchasing period: from 17 April 2024 to 18 July 2024.

– Number of Units Purchased: Unit 1,642,653.

– Value of Units Purchased: SR 13,646,342.97.

– Average Purchase Price per Unit: SR 8.31.

The fund manager would like to clarify that the unitholder’s approval for the fund to purchase its Units for cancellation of up to a maximum of 50% has expired by the end of the trading day today, Thursday, 18 July 2024. Accordingly, the fund manager purchases the total of 30,025,851 units during the entire period.

In addition, the fund manager will coordinate with the Saudi Tadawul Group to complete the process of canceling all purchased units within 10 working days from the date of the announcement.

– Ends –